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Tourmaline Oil Corp (Alberta) T.TOU

Alternate Symbol(s):  TRMLF

Tourmaline Oil Corp. is a natural gas producer, which is focused on producing natural gas in North America. The Company is focused on long-term growth through an aggressive exploration, development, production and acquisition program in the Western Canadian Sedimentary Basin. It operates in three basins, which include the Alberta Deep Basin, NEBC Montney Gas/Condensate and Peace River Triassic Oil. It has ownership interests in 22 natural gas plants in the Alberta Deep Basin. It owns and operates seven natural gas processing facilities with an aggregate capacity of approximately 1.0 Bcf/d with related gas gathering systems and NGL handling infrastructure in the NEBC complex. The Company owns and operates two oil batteries in the Peace River Triassic Oil basin. The Company’s operations are focused on northeast British Columbia and include a large contiguous land base with a Montney resource. Its Montney area assets include Septimus / West Septimus, Groundbirch, Monias and Tower.


TSX:TOU - Post by User

Comment by Sadie222on Feb 05, 2020 1:11am
152 Views
Post# 30643634

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Mike Rose Continues to Buy

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Mike Rose Continues to Buylol
Amen to that.
Keep in mind that there's an election in the US coming up, and that could have a major effect on oil and gas if the Dems get in. We don't have to abide by some of their regulations and are a useful way (as an outside supplier) for some of them to work around local restrictions that can be crippling. With pipelines gaining momentum (finally) and rail alternatives as well to the dilbit issue, I'm somewhat optomistic.
How long would it last? Depends partially on who they choose to lead them.
The virus thing will blow over, and things will get back to normal on that front. That will help the markets.
I think we're all in the same boat, trying to figure out which way the wind is blowing. Good luck with that.
(I could be wrong, but lumber might be worth a peek. Pattison was talking about taking Canfor private, and he's not a dummy). 


blueboron99 wrote: Sadie, thanks for your comments. Just trying to figure out whether to pursue another Sector such as precious metals, lumber or technology for the next 2-3 years to get better returns?

I must say this market is challenging. Even analysts are all over the board with their predictions for Tourmaline Corp!

(bb-99) 


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